Template-Type: ReDIF-Paper 1.0
Author-Name: Francesco Bogliacino
Author-X-Name-First: Francesco
Author-X-Name-Last: Bogliacino
Author-Email: francesco.bogliacino@gmail.com
Author-Workplace-Name: Amsterdam Institute for Advanced Labour Studies
Author-Name: Mariacristina Piva
Author-X-Name-First: Mariacristina 
Author-X-Name-Last: Piva
Author-Email: mariacristina.piva@unicatt.it
Author-Workplace-Name: DISCE, Università Cattolica del Sacro Cuore
Author-Name: Marco Vivarelli
Author-X-Name-First: Marco
Author-X-Name-Last: Vivarelli
Author-Email: marco.vivarelli@unicatt.it
Author-Workplace-Name: DISCE, Università Cattolica del Sacro Cuore
Title: The impact of R&D on employment in Europe: A firm-level analysis
Abstract: The aim of this paper is to test the employment effect of business R&D expenditures, using a unique longitudinal database covering 677 European manufacturing and service firms over the period 1990-2008. Main result from the whole sample dynamic LSDVC (Least Squared Dummy Variable Corrected) estimate is the labour-friendly nature of companies’ R&D, the coefficient of which turns out to be statistically significant, although not very large in magnitude. However, the positive and significant job creation effect of R&D expenditures is detectable in services and high-tech manufacturing but absent in the more traditional manufacturing sectors. This means that we should not expect positive employment effects from increasing R&D in the majority of industrial sectors. This evidence should be kept in mind by European innovation policy makers having employment as one of their specific aims. 
Length:  
Creation-Date: 2011-10
Publication-Status: 
File-URL: http://www.unicatt.it/dipartimenti/DISES/allegati/dises1176.pdf  
File-Format: Application/pdf
File-Function: First version, aaaa
Number: dises1176
Classification-JEL: O33
Keywords: Innovation; Employment; Manufacturing; Services; LSDVC
Handle: RePEc:ctc:serie2:dises1176